U.S. Challenger Job Cuts in June: 47,999, Previous Value: 93,816
Odaily Planet Daily News: In the United States, the number of Challenger job cuts in June was 47,999, marking a new low since December 2024. The previous figure was 93,816. (Jin10)
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In the third quarter, Korean retail investors made net purchases of US stocks worth approximately 10.15 trillion won, marking a complete reversal from the previous pattern in the first half of the year, when they made net purchases of nearly 100 trillion won in KOSPI stocks. In September alone, the sell-off amount reached as high as 14.2 trillion won. Analysts attribute this shift to a combination of factors: a sharp decline in KOSPI at high levels, the continued strength of the US stock market driven by AI themes, and the appreciation of the Korean won reducing currency exchange costs.
